Boeing is one of the largest and most important aeronautics, military defense system and space technology contractors in the world. And is one of the most important Dow 30 components. BA does revenue of 97 billion annual and “only” has a market cap of 80 billion. It only has 623 million shares outstanding. This allows for very wide price swings, and with the Dow divisor being what it is-makes this an important component for manipulating the Dow average.
As seen in the charts of BA, its specialist can rapidly accumulate and distribute and cover short positions in this issue, and move it 20-30 points with relative ease, to facilitate tremendous profits for his and other insider accounts. BA is often in a position for short and longer term trading. Further analysis will follow.